Over the last week, the XRP market endured a dominantly bearish mood. During 
this time, the altcoin&#8217;s price declined by more than 5% amid general market 
struggles. A broader overview shows that XRP has remained range-bound between 
$1.29 and $1.55, with this range stretching back to February. However, recent 
technical developments on the daily chart pattern indicate an impending market 
sell-off to end this month-long consolidation and establish a deeper decline 
in this bear market. Related Reading: Analyst Highlights Ethereum ‘Kill Zone’ 
That Shows The Best Time To Buy XRP Break Below Symmetrical Triangle Tips 
Short-Term Loss In trading analysis, a symmetrical triangle is created when 
the price forms a series of lower highs (descending resistance line) and 
higher lows (ascending support line). These two trendlines converge, forming a 
triangle. This chart formation usually represents indecision and compression 
in the market, as buyers are stepping in earlier each time (higher lows) and 
sellers are stepping in sooner each time (lower highs). In an X post on May 
23, Ali Martinez shares that XRP has broken out of a symmetrical triangle on 
its daily chart. The altcoin recently breached the rising trend line of this 
chart formation, which started in January. This means XRP is now below a key 
support level and is exposed to deeper downside targets. According to the 
seasoned analyst, an acceleration in selling pressure would likely pull XRP 
down to around $1.14, i.e., a 16.17% loss from current market prices. Related 
Reading: Dogecoin Mirrors Previous Mega Bull Trend — Is Another Parabolic 
Rally Next? XRP Market Glance &#8211; Whales Step Out Interestingly, the loss in 
XRP&#8217;s price and its latest bearish signal coincide with another concerning 
development. Martinez reports in a separate post that XRP whale activity is 
presently registering a major decline. In the last nine days, the number of 
large transactions (i.e., transactions over $1 million) has dropped from 157 
to 67, representing a 57.3% loss. The analyst explains that such events 
usually mean that whales are stepping away as the market enters a compression 
phase expected to be marked by declining volatility. During this time, the 
current price range becomes accepted value as the market build support &amp; 
resistance clarity. In addition, there would be an uptick in limit order 
activity, with liquidity deepening on both sides to eventually form a mature 
order book. However, compressions always result in expansion, the direction of 
which hinges on liquidity and whether these whales return as buyers or 
sellers. At the time of writing, XRP trades at $1.35 reflecting a gain of 1.1% 
in the last day. Meanwhile, the asset&#8217;s daily trading volume is up 4.23% and 
valued at $1.96 billion. Featured image from Pexels, chart from Tradingview

Over the last week, the XRP market endured a dominantly bearish mood. During this time, the altcoin&#8217;s price declined by more than 5% amid general market struggles. A broader overview shows that XRP has remained range-bound between $1.29 and $1.55, with this range stretching back to February. However, recent technical developments on the daily chart &#8230;

XRP Confirms Negative Breakout With Price Headed For $1.14 – Analyst

Warsh&#8217;s hawkish stance may lead to tighter monetary policy, impacting Bitcoin 
and potentially slowing economic growth amid persistent inflation.
The post Bitcoin falls to $74,190 as Kevin Warsh becomes Fed chair, raising 
rate hike fears appeared first on Crypto Briefing.

Warsh&#8217;s hawkish stance may lead to tighter monetary policy, impacting Bitcoin and potentially slowing economic growth amid persistent inflation. The post Bitcoin falls to $74,190 as Kevin Warsh becomes Fed chair, raising rate hike fears appeared first on Crypto Briefing.

Bitcoin falls to $74,190 as Kevin Warsh becomes Fed chair, raising rate hike fears

Bank of America reported $53m in crypto ETF holdings, led by a $37m IBIT 
stake, while reducing Ether and Solana ETF exposure in a Q1 filing.

Bank of America reported $53m in crypto ETF holdings, led by a $37m IBIT stake, while reducing Ether and Solana ETF exposure in a Q1 filing.

Bank of America picks Bitcoin ETF over Ether and Solana in Q1

Rising short-term bond yields and Warsh&#8217;s hawkish comments in the past are 
reviving fears of a December rate hike, which could slam the brakes on 
Bitcoin&#8217;s recovery.

Rising short-term bond yields and Warsh&#8217;s hawkish comments in the past are reviving fears of a December rate hike, which could slam the brakes on Bitcoin&#8217;s recovery.

Why is Bitcoin falling despite pro-crypto Kevin Warsh becoming Fed chair?

Progress in Iran nuclear talks could stabilize geopolitical tensions, 
impacting global oil prices and influencing crypto market dynamics.
The post Marco Rubio reports significant progress on Iran nuclear framework 
appeared first on Crypto Briefing.

Progress in Iran nuclear talks could stabilize geopolitical tensions, impacting global oil prices and influencing crypto market dynamics. The post Marco Rubio reports significant progress on Iran nuclear framework appeared first on Crypto Briefing.

Marco Rubio reports significant progress on Iran nuclear framework

France faces 70% of all reported crypto wrench attacks as 41 kidnappings in 
2026 raise KYC data, privacy, and crypto holder safety fears now

France faces 70% of all reported crypto wrench attacks as 41 kidnappings in 2026 raise KYC data, privacy, and crypto holder safety fears now

Cryptocurrency price in KWD

Market Overview